There's still about 60+ stocks on Yearly Lows, but that is way less than the hundreds of a week ago. Very few stocks taken to yearly highs.
And lets look at the range of movement I won't go into too much detail, but - the middle pane represents the daily range of each bar - the bottom pane the ATR
They are both showing that the ranges we have seen in this move and seem, for now at least, to have maxed out - volatility, on a number of metrics, seems to dropping.
This is one of those "watch this space" moments. Perhaps the sign we are looking for will be best described by an example. A 200 point move at a time when the average range is 600 points is just noise A 200 point move at a time when the average range is 100 points has more meaning.
